Global Bankers Insurance Group is the previously undisclosed buyer of assets from the Beechwood family of reinsurance and asset management companies, a person familiar with the matter told Reuters. The recent purchase by Global Bankers – a $3.5-billion, Durham, North …
The Beechwood group of reinsurance companies is in talks to sell most or all of itself after a backlash from some clients due to its relationship with troubled hedge fund manager Platinum Partners, according to a person familiar with the …
CNO Financial Group Inc. on Thursday said that two of its subsidiaries were terminating agreements with reinsurer Beechwood Re, after regulators in two states said that many assets managed by Beechwood were not compliant with insurance company guidelines because of …
